What are three types of banking?
Table of Contents
What are three types of banking?
There are several different kinds of banks including retail banks, commercial or corporate banks, and investment banks. In most countries, banks are regulated by the national government or central bank.
Which is best private bank in India?
HDFC Bank
India’s Largest 10 Private Banks Based On Market Capitalization
| Private Bank | Price in Rs. | Market cap (Rs. Cr) |
|---|---|---|
| HDFC Bank | 1,703.95 | 943,554.11 |
| ICICI Bank | 763.50 | 529,562.30 |
| Kotak Mahindra | 2,149.95 | 426,353.94 |
| Axis Bank | 813.00 | 249,330.42 |
What are the best banks in India?
1) STATE BANK OF INDIA. State Bank of India (SBI) is an Indian multinational, public sector banking and financial services company. 2) ICICI. ICICI stands for Industrial Credit And Insurance Corporation Of India. 3) PUNJAB NATIONAL BANK. Punjab National Bank (PNB) is an Indian multinational banking and financial services company. 4) HDFC.
What are the functions of any bank in India?
Acceptance of deposits from the public
How many public sector banks in India?
As of Sep 2018, there are 21 public sector banks – 19 nationalized banks, IDBI Bank and State Bank of India. First three categories are public sector banks. There are 56 Regional Rural Banks (RRBs) which are also owned by one of these 21 public sector banks. These banks are focussed on rural banking in a few districts of a particular state/UT.
Which is the largest private sector bank in India?
Axis Bank is one of the largest private sector banks in India, offering a wide range of products such as Credit cards, Consumer banking, Corporate banking, finance and insurance, investment banking, mortgage loans etc.